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20121219
20121219
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CNBC 7
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Search Results 0 to 6 of about 7
CNBC
Dec 18, 2012 7:00pm EST
a couple of big steps back. >> good evening from newtown, connecticut. we'll have more on that coming up. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms for prospects of a deal. >> by the w
CNBC
Dec 19, 2012 1:00pm EST
power of the tragedy in newtown, connecticut, to try to put the pressure on republicans. he talked about them taking off their partisan war paint. he said he'd more than met them halfway in terms of spending cuts that he's offered, coming up in the income threshold for tax increases, and he has the upper hand in public opinion. there's no question about that. he is not surrendering that at this point. the question is whether speaker john boehner can move his caucus, even as far as he's already moved further toward the president. that's what the next couple days are going to be about. >> thank you very much, john. do you think, you think really sort of rumbling that we're hearing means that we have actually moved further away from the possibility of what i'm going to call the first of the 12 days of cliffness? >> insiders in both parties are telling me they think the prospects of no deal and going over the cliff have risen significantly. now, i continue to think that the fundamentals exist, as the president said in his news conference, there are only a few hundred billion dollars apart ov
CNBC
Dec 19, 2012 9:00am EST
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
CNBC
Dec 19, 2012 12:00pm EST
since the heartbreaking tragedy in newtown, connecticut. three days since we gathered as a nation to pray for the victims. today a few more of the 20 small children and six educators who were taken from us will be laid to rest. we may never know all the reasons why this tragedy happened. we do know that every day since more americans have died of gun violence. we know such violence has terrible consequences for a society. if there's even one thing that we can do to prevent any of these events, we have a deep obligation, all of us, to try. over these past five days, a discussion has reemerged as to what we might do not only to deter mass shootings in the future, but to reduce the epidemic of gun violence that plagues this country every single day. and it's encouraging that people of all different backgrounds and believes and political persuasions have been willing to challenge some old assumptions and change long-standing positions. that conversation has to continue. but this time the words need to lead to action. we know this is a complex issue that stirs deeply held passions and
CNBC
Dec 19, 2012 6:00pm EST
in connecticut, please, bob? >> caller: yes, jim. first of all, let me say boo-yah from connecticut. and, you know, a few months ago i bought a keurig coffee machine. i was so impressed, i bought the stock, which was green mountain, i paid $57 for it. my question to you is, since it's gone down so much, started to come back up, should i hold on to it? >> i'm not -- i happen to be a fan of the keurig too, but unlike victor and the old ad, he was such a fan of realmington, he bought the company. i don't want to by green mountain. it's got the red flag, the red flag of my friend herb greenberg, and when he raises issues, i don't go there. herb tells me where battlegrounds are, and when it comes to a battleground, i'd rather eat a cold corn dog. well, check that. >>> i like to revisit stocks i talk about on "mad money," and in this case like hillshire, i think it needs more time, this is a long-term turn-around story. i suggest getting it on weakness, listen, this tastes better than the dog food i ate my first year of the show. after the break, i'll try to make you some money. >>> coming up -- ma
CNBC
Dec 18, 2012 11:00pm EST
as the new york times said today as the tragedy in connecticut has softened the times. maybe it takes something like this to get the congress and the president to work on things. there does seem to be a spirit of compromise now brewing. i'm not just talking about the end of the year, but any time. the president perhaps holding off raising taxes for those who make $200,000. especially when coupled about this rumored embrace about spending cuts. that could turn the fiscal cliff into a fiscal hop, skip and a jump that ends up in an exciting place. there are other forces at work today that show you the magnitude of what a deal could mean for our great country. the other forces? the transports, banks, u.s. treasury bonds and gold. first, you know i like to watch the transports as a measurement of economic activity. you know it has to be shipped somewhere to be sold. that is why i follow the transports so closely. when they are going up it means there is more commerce happening than thought. planes, trains, truckers and shippers going higher, that above all, is a terrific predictor of growt
CNBC
Dec 19, 2012 2:00pm EST
in connecticut. dick's sporting goods removed all guns for sale and display in the store closest to newtown co. wal-mart tells cnbc it has made no changes to its inventory the week of the tragedy though it has taken down an information page on one of the guns. sales have fallen since friday's tragedy. however, analysts i spoke to think the gun debate will benefit the retailers in the near term following election, fear of changing legislation causing a surge in demand in the month of november and the latest tragedy is expected to increase demand for guns pop. >> according to the fb i, the none of background checks have hit a record. that excludes the month of december. november saw nearly 400,000 more background checks than in october. i should note the fbi says one to one correlation cannot be made between a firearm background check and an actual firearm sale. but mandy, these are the numbers that the analysts use when they are trying to gauge firearm sales. >> thank you very much for that, courtney. >>> in the meantime we have heard he is off today as we were mentioning a moment ago, but he k
Search Results 0 to 6 of about 7